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Businesses respond coolly to the coronavirus SME guarantee scheme
Less than 5 per cent of the Federal Government’s $40 billion Coronavirus SME guarantee scheme has been taken up by business owners. On 22 March, the Government announced the Coronavirus SME Guarantee Scheme (the Scheme). Under the Scheme, the Government guarantees 50 per cent of loans issued by eligible lenders to SMEs. Loans can be […]
